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GEODIS, one of the world’s leading companies in the transport and logistics sector, announced today the acquisition of the Swiss freight forwarder ITS – International Transport & Shipping Ltd. ITS is an independent Swiss freight forwarder founded in 1992, headquartered in Reinach in the canton of Basel-Landschaft. The company mainly offers specialized services for the high-tech sector.
(Paris/Reinach) Marie-Christine Lombard, CEO of GEODIS, stated: “Numerous multinational companies that are important GEODIS customers are based in Switzerland. Among them are also some significant players from the pharmaceutical industry. With the acquisition of ITS, GEODIS has taken a step closer to its goal of providing its customers with a seamless global network. Under the leadership of Massimo Bianco and Javier Sanchez, ITS has successfully developed into a proven partner and specialized expert for its customers. We look forward to welcoming the experienced management team and talented employees of ITS to GEODIS.”
ITS is an independent Swiss freight forwarder founded in 1992, headquartered in Reinach in the canton of Basel-Landschaft. The company mainly offers specialized services for the high-tech sector, particularly in organizing transport and logistics for dedicated projects and oversized equipment for the industry, automotive sector, and defense industry. The company also provides standard sea freight and general cargo services, as well as additional services (oil and food, event logistics, art transport, customs clearance, etc.). In total, ITS employs 26 staff and reported a revenue of 58 million CHF for the year 2022.
Offering a Broader Range of Services
Massimo Bianco, CEO of ITS – International Transport & Shipping Ltd., said: “Our goal is to provide our customers with an even broader range of services in a larger geographical market. With the acquisition, our existing capabilities will be complemented by GEODIS’s extensive expertise and global presence. This step will help us achieve our goal and will support all customers in navigating the complex world of an ever-changing supply chain environment. We are therefore very happy to now be part of GEODIS. With this company, we share our commitment to continuously expand our business as well as that of our customers.”
Integration into the Global Freight Forwarding Division
ITS will join the GEODIS Global Freight Forwarding business unit and report to the EUROPE region.
Photo: © GEODIS
